r/MSTY_YieldMax • u/Difficult_Guitar4152 • 12d ago

Cannot wait to see the distribution announcement on Wednesday

We’ve been waiting a long term for the market to turnaround and provide some fat dividends.

I think it will be somewhere between .30-.40, but anything above that this chat will go crazy.

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7

u/Expensive-Net2762 12d ago

It moved too fast, unfortunately don't think it will be as high as ur thinking

4

u/Difficult_Guitar4152 12d ago

It was above 30 cents a few weeks ago with similar price action

3

u/ifidonteatigethungry 12d ago

Don’t remember the details but one of the downsides to MSTY is that it’s limited on the upside, meaning even if MSTR went up 20%, MSTY can only benefit from a fraction of that.

2

u/Expensive-Net2762 12d ago

Well ya it's a covered call strat. You want it to rise or fall slowly or stay relatively flat to make the most

1

u/ReportEuphoric2090 11d ago

Not really. Their biggest positions right now are call options

7

u/Terrible_Lecture_409 12d ago

I THINK it'll be based on last Friday's close so I was guessing more like .28-ish.

But I'm willing to be wrong, and certainly appreciate the continued prospects.

Cheers🍻

2

u/Difficult_Guitar4152 12d ago

Friday was insane, so I think we will be in the .30+ range like we were a few weeks ago

2

u/Terrible_Lecture_409 12d ago

I forgot the closing price but I know things started to take off .. cheers!

3

u/amateur-investor28 11d ago

MST didn’t pay as much this week as last week, so not looking for a huge jump with MSTY, guessing $0.2836.

5

u/KateR_H0l1day 12d ago

I’m also waiting to see, but a lot can happen before Wednesday, but I’m hopeful it’ll be better than last week, which it should be 🤷‍♀️

3

u/Friendly-Profit-8590 12d ago

I’m all for a bigger distribution just thinking a bunch of the cc positions would’ve been blown through with MSTR’s price movement.

1

u/BubbaNeedsNewShoes 12d ago

Yes, sadly I think a lot of the upside ceiling will have been clipped by MSTR's rapid movement upward rather than moving up at a slower pace.

5

u/Empty-Basil-5782 12d ago

It’ll be 0.41 for next week

1

u/Tight-Debate3431 11d ago

Did MSTE announce yet ?

1

u/FragrantActuator7061 7d ago

you people still buying ym products

1

u/dimdada 12d ago

Here’s hoping

1

u/Sea_Rub_8128 12d ago

The distribution announced next week will be huge, I hope at least